The final COP28 agreement has set an ambitious target by calling for a doubling of the average annual rate of energy efficiency improvement by 2030. To achieve this goal, the current 2% improvement in energy efficiency needs to grow steadily, reaching and maintaining a growth rate of over 4% by 2030. If successful, a remarkable increase in economic output per unit of energy would be achieved by the end of the decade. However, realizing these commitments demands a comprehensive approach that unites policymakers, the private sector, and the research community.
